Indicate the answer choice that best completes the statement or answers the question. l Saba Company has 20.000 shares of $l00par 2% cumulative preferred and 100,000 shares of $50 common stock. The following amounts were distributed as dividends: Determine the dividends per share for preferred and common stock for the second year. a. $200 and $045 b $2.25 and $0.45 c. $2 25 and $0.00 d $0.00 and $0.45 The amount of federal income taxes withheld from an employee's gross pay is recorded as a(n). a. asset b. liability c. payroll expense d. contra account The assets and liabilities of a company are $128,000 and $84,000, respectively. Stockholders' equity a $84.000 b.$44,000 c $212.000 d. $128.000 Alma Corp. issues 1.000 shares of $10 par common stock at $14 per share. When the transact credits are made to a. Common Stock, $10.000, and Paid-In Capital in Excess of Par, $4.000 b. Common Stock, $10,000, and Retained Earnings, $4,000 c. Common Stock, $14,000 d. Common Stock. $4,000, and Paid-In Capital in Excess of stated value, $10,000 Debts owed by a business are referred to as a. expenses b. stockholders' equity c. liabilities d. accounts receivables